Clock ticks down for Tiktok as UK reportedly prepares to ban app on government devices March 13, 2023 Amid reports the UK is set to recommend a ban on Tiktok from government devices, City A.M. looks at how the app went from viral dance videos to data security threat.Every Sunday, whatever the weather, groups of teenagers gather on a raised platform outside City A.M. HQ to film themselves dancing against the glittering backdrop [...]
Octopus pledges €1bn to boost France’s green energy market with one million customer target March 13, 2023 Octopus has announced plans to further expand its investment strategy in France with a billion euro spending pledge.
Recession kicked into long grass as UK steams ahead of Europe and US March 13, 2023 A recession hitting the UK economy is looking like an increasingly far flung prospect after yet more data today shows businesses and families are fending off the cost of living crunch. A net balance of 43 per cent of UK businesses are buoyant about the economy over the coming year, the highest level in a [...]
Lithium discovery could revive Cornwall’s industrial past as new green energy hub March 13, 2023 A leading geothermal specialist has discovered lithium at its development projects in Cornwall, which could make the county a new green hub.
Facing the failure of Silicon Valley Bank is an existential moment in tech firm financing March 13, 2023 As thousands of firms faced a cliff edge after the collapse of Silicon Valley Bank, Jeremy Hunt’s response is a test of how much they really cherish British start ups, writes Tommy Ricketts.
Footballers’ political interventions are often a litmus test for public sentiment March 13, 2023 When footballers enter public debates, they often voice the concerns of the masses. This government shouldn't just dismiss Gary Lineker's comments; perhaps, it should stop and listen, writes Eliot Wilson
CANNES-DO SPIRIT: London councils head to MIPIM to pitch for sustainable investment March 13, 2023 London councillors are jetting off to the French Riviera in the search of sustainable investors willing to pump eco-friendly funds into the capital. A flurry of prominent London property figures are set to attend MIPIM, the enormous property conference which takes place in Cannes this week, in a bid to entice major foreign investors to [...]
Arm’s New York listing is an example of London’s success being lost to competitors March 13, 2023 Cambridge-based chip designer Arm snubbed the London Stock Exchange and listed on Nasdaq. It won’t be the last tech firm we lose unless we learn to encourage continued growth, writes Nicholas Lyons.
What Silicon Valley Bank’s collapse in the UK should tell the biggest banks March 13, 2023 It is, as they say, rather awkward timing. On Wednesday, Chancellor Jeremy Hunt was expected to deliver a paean to the tech industry – with investment incentives aplenty and no doubt lots of promises regarding our “world-leading” sectors. After the collapse of Silicon Valley Bank UK, though, it is more likely that the industry needs [...]
Rishi Sunak set to announce £5bn defence spending boost during AUKUS summit March 12, 2023 Prime minister Rishi Sunak is set to announce a £5bn boost to defence spending during a key summit on the US-UK-Australia nuclear submarine deal. Sunak flew to San Diego on Sunday to attend a trilateral meeting with US president Joe Biden and Australian prime minister Anthony Albanese. It’s hoped Albanese will announce Australia is purchasing [...]